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The principle component(s) of Nehru-Mahalanobis strategy of economic development was/were 1. Restructuring economic dependency on metropolitan capitalism into independent economic development. 2. Transition from semi-feudal agriculture to capitalist farming Select the correct answer using the code given below:

Options

  1. A1 only
  2. B2 only
  3. CBoth 1 and 2
  4. DNeither 1 nor 2

Correct answer

C. Both 1 and 2

Step-by-step solution

The Nehru-Mahalanobis strategy was developed by Prasanta Chandra Mahalanobis, under the guidance of Jawaharlal Nehru in 1953. The strategy emphasized the heavy industry model and formed the basis of Second Five Year Plan.

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